Vodafone, T-Mobile to slash roaming rates

Vodafone and T-Mobile bowed to European Union pressure over what it calls excessive roaming rates and promised to cut roaming rates by 40 percent. Vodafone said it would slash average roaming rates for in-country roaming to less than €0.55 per minute from €0.90. Vodafone also said it would charge €0.45 a minute to carry wholesale traffic from other operators' customers as long as those operators offered the same deal. T-Mobile announced a $1.02 flat rate for roaming in both Europe and the U.S., which it said for some customers could mean a price cut of up to 54 percent. Orange slashed its rates last week. The European Commission, however, is still pressing ahead with plans to enact legislation that would force a reduction in roaming rates.

For more about Vodafone and T-Mobile's plans to slash roaming rates:
- read this article from The Wall Street Journal (sub. req.)